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U.s. Stock Futures Shoot Higher As North Korea Tensions Ebb
U.S. stock futures shoot higher as North Korea tensions ebb
U.S. stock futures shoot higher as North Korea tensions ebb
Pointing to a stronger start for Wall Street equities, U.S. stock futures pushed higher on Monday, tracking gains across Asia over easing North-Korea tensions. Dow Jones Industrial Average YMZ7, +0.56% futures jumped 104 points, or 0.5%, to 21,882, while S&P 500 futures ESZ7, +0.50% gained 11.25 points, or 0.5%, to 2,472.25. Nasdaq-100 futures NQZ7, +0.72% futures rose 35 points, or 0.6%, to 5,959.50. Traditional haven assets, such as gold GCZ7, -1.04% and the Japanese yen USDJPY, +0.86% pulled back on Monday, while equities saw marked gains, led by a 1.4% gain for the Nikkei 225 index NIK, +1.41% Those moves came partly over relief that North Korea didn't conduct a weapons test over the weekend, as expected, to mark the anniversary of the country's founding. Investors were keeping a close watch on the movements of Hurricane Irma, which was battering South Florida with dangerous floods and knocking out power to millions.
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